<p>Mumbai: Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the <a href="https://www.deccanherald.com/search?q=RBI">Reserve Bank of India</a> (RBI) said on Tuesday.</p>.<p>"Young Indians are aspirational. They get attracted to different markets. There is nothing wrong in it, it's a natural process and a positive development," Shaktikanta Das told local television channel <em>NDTV Profit</em> in an interview.</p>.<p>"We are cautioning banks to monitor this situation carefully. There is no problem now, but it can become a structural liquidity problem in the future."</p>.RBI asks banks to push direct rupee-dirham settlement: Report.<p>Indian banks' loans rose 13.7 per cent as of July 26 from a year earlier, while deposits grew 10.6 per cent, latest provisional data from the RBI showed.</p>.<p>Healthy economic growth and rising urban consumption has boosted loan demand but deposit growth has lagged.</p>.<p>Banks must garner more deposits through innovative products and service offerings, Governor Das said.</p>.<p>While credit growth and disbursement has become fast paced due to technology, deposit mobilisation, done largely through physical channels, was lagging, he said.</p>
<p>Mumbai: Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the <a href="https://www.deccanherald.com/search?q=RBI">Reserve Bank of India</a> (RBI) said on Tuesday.</p>.<p>"Young Indians are aspirational. They get attracted to different markets. There is nothing wrong in it, it's a natural process and a positive development," Shaktikanta Das told local television channel <em>NDTV Profit</em> in an interview.</p>.<p>"We are cautioning banks to monitor this situation carefully. There is no problem now, but it can become a structural liquidity problem in the future."</p>.RBI asks banks to push direct rupee-dirham settlement: Report.<p>Indian banks' loans rose 13.7 per cent as of July 26 from a year earlier, while deposits grew 10.6 per cent, latest provisional data from the RBI showed.</p>.<p>Healthy economic growth and rising urban consumption has boosted loan demand but deposit growth has lagged.</p>.<p>Banks must garner more deposits through innovative products and service offerings, Governor Das said.</p>.<p>While credit growth and disbursement has become fast paced due to technology, deposit mobilisation, done largely through physical channels, was lagging, he said.</p>